$4,399,999
FOR SALE

Investment

Lot: 119 x 266.81 ftTotal Area: 3,500 ft2
2023 Taxes: $5,756.07

1370 Killarney Beach Rd
Innisfil, ON L0L 1W0 | Lefroy | Simcoe

Welcome to an exceptional investment opportunity nestled in the heart of Innisfil, one of Ontario's fastest-growing towns. This property presents a rare chance to secure a foothold in a burgeoning real estate market, boasting 7 existing residential units and 1 commercial unit that were recently built 3 years ago and are currently generating excellent rental income. Additionally, city approval has been granted for an additional 12 units, making it a total of 19 units poised for lucrative rental income or development.Situated strategically amidst the dynamic landscape of Innisfil's expansion, this property offers investors a gateway to capitalize on the town's thriving economy and increasing population. Innisfil's strategic location, just minutes from Barrie and less than an hour's drive from Toronto, makes it an attractive destination for commuters and families alike, driving demand for quality housing optionsThe potential for an additional 12 units opens doors to endless possibilities, whether it be expanding the current rental portfoliobenefits from proximity to a wealth of amenities and attractions, including picturesque parks, scenic lakeshores, vibrant shopping districts, and top-rated schools. Residents enjoy easy access to recreational activities such as boating, fishing, hiking, and golfing, fostering a lifestyle that seamlessly blends urban convenience with natural beauty.With the city's enthusiastic support for further development and infrastructure enhancements, including transportation upgrades and commercial expansion, investing in Innisfil promises not only immediate returns but also long-term appreciation and prosperity.Whether you're a seasoned investor seeking to diversify your portfolio or a savvy entrepreneur with an eye for opportunity, this property offers the perfect canvas to realize your vision and maximize your returns in Innisfil's dynamic real estate market.
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Rental income statement available
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Listed By ROYAL LEPAGE FIRST CONTACT REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N8260782
Last Updated Apr 23, 2024
Property Summary
Property Type Investment

More like this:
Category Apartment
PIN 580650293
Occupancy Tenant
Taxes (2023) $5,756.07
Tax Type Annual
Directions/Cross Streets Killarney Beach Rd & Church Dr
Neighbourhood Lefroy
Area Simcoe
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 119 x 266.81 ft
Total Area 3,500 ft2
Air Conditioning Y
Garage Type Outside/Surface
Heat Type Elec Forced Air
Area Influences Major Highway, Public Transit
Utilities A
Water Well
Lot/Bldg/Unit Code Building
Zoning MU4-1
Seller Property Info Statement N

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

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